The upside of a down dollar
Squeezing Liquidity. Last week, the Fed announced plans to unleash $600 billion into the economy by buying up long-term …Continue reading »
View ArticleBernanke: Lack of ‘oversight’
Following is the extract from the Speech of Mr. Ben Bernanke: He characterized subprime mortgages as a “trigger” of the …Continue reading »
View ArticleLesson from 2008 economic debacle: Live without debts!
Buying freedom without spending: Year 2008 was a disaster for Middle Income group and for investors. People lost Money, homes, …Continue reading »
View ArticleColossus put together by spit and glue
America needs to spend on infrastructure Normally blasé New Yorkers seemed stunned at the vulnerability of their railroad, but in that, they should not have felt alone. The combination of antiquated...
View ArticleDeciphering Indian Fed.
Different continents, different problems, different economies yet similar ambiguous speech. Following is the extract of speech of RBI Governor (the Indian counterpart of U.S. Federal Reserve, Ben...
View ArticleGDP estimation for 2011-12
In past several posts under the category Finance, I have been saying that the Governments have no clue as to what is happening on financial front. It is just groping in dark. See another example: As...
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